Faculty International Conference on INR. 10,000/- USD 500 ...
INR 500 business game
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Transcript of INR 500 business game
MISSION 500( ….A Boys’ Day Out)
Navdeep DahiyaBhumil RastogiAjay K RainaAman ChauhanAnkit Yadav
BUSINESS CONCEPT
Zero Investment Capital.
Look Close by.
Identify demand first.
MODUS OPERANDI
Café Owner Zeroed Upon.
Interaction to Identify Needs.
Distribution of responsibilities.
Market survey.
Identification of the Key Product.
Extract Advance as commitment.
Procurement.
Supply.
WHY THE DEAL!
Eggs per tray (30 eggs)
MRP - INR 105-110 per tray.
Supplier to Dealer- INR 95 per tray.
Our quote to Café - INR 90 per tray
Café owner saved INR 5/- per tray and, thus, the deal.
PL EQUATION
CP for Group - INR 80 per tray. Total CP for 06 Trays- INR 480.
SP for Group - INR 90 per tray. Total SP for 06 Trays- INR 540.
Total Profit = 540 – 480 = INR 60. Less Expenses = Nil/ notionally INR 10/-. Profit = INR 50 on an investment = 0. Mathematically, profit = 10.41%
LEARNING & CHALLENGES
Not easy.
Incentive.
Quality Issues.
Competition.
Innovative.
SCOPE FOR IMPROVEMENT
Direct purchase.
Long term.
Customer base.